Accountancy, asked by Anonymous, 5 months ago

explain the statement
"drawings in goods"
subject- accountancy​

Answers

Answered by Anonymous
7

Answer:

In accounting, assets such as Cash or Goods which are withdrawn from a business by the owner(s) for their personal use are termed as drawings. It is also called a withdrawal account. ... In the case of goods withdrawn by owners for personal use, purchases are reduced and ultimately the owner's capital is adjusted.

hope it helps u

Answered by Anonymous
2

Explanation:

A nonfinite verb is a verb that is not finite. Nonfinite verbs cannot perform action as the root of an independent clause. Most nonfinite verbs found in English are infinitives, participles and gerunds.

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